WellPoint net rises; other health insurers boost forecasts

Wall Street Journal, April 29, 2010
So far, the new health law has had little impact on health insurers, whose business practices were the main target of overhaul efforts, the Wall Street Journal reports. On Wednesday, WellPoint Inc.—the largest U.S. insurer by members and one that has been criticized for double-digit rate increases—reported first-quarter profit rose 51%, to $876.8 million, or $1.96 a share, from $580.4 million, or $1.16 a share, a year earlier.

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